J. M. Smucker (NYSE:SJM) Rating Increased to Buy at Wall Street Zen

J. M. Smucker (NYSE:SJM) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Several other brokerages have also recently weighed in on SJM. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $95.00 price target on shares of J. M. Smucker in a research note on Wednesday, May 20th. Evercore assumed coverage on J. M. Smucker in a report on Friday, May 15th. They issued an “outperform” rating and a $117.00 price objective for the company. UBS Group increased their price objective on J. M. Smucker from $121.00 to $130.00 and gave the company a “buy” rating in a report on Thursday. JPMorgan Chase & Co. increased their price objective on J. M. Smucker from $120.00 to $125.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, BTIG Research set a $130.00 price objective on J. M. Smucker in a report on Wednesday. Ten investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $121.13.

J. M. Smucker Price Performance

Shares of SJM opened at $116.05 on Friday. The stock has a market capitalization of $12.38 billion, a P/E ratio of -89.27, a P/E/G ratio of 1.64 and a beta of 0.27. J. M. Smucker has a twelve month low of $88.25 and a twelve month high of $119.39. The company has a 50 day moving average of $99.63 and a 200-day moving average of $102.01. The company has a quick ratio of 0.35, a current ratio of 0.78 and a debt-to-equity ratio of 1.15.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings results on Tuesday, June 9th. The company reported $2.77 earnings per share for the quarter, topping the consensus estimate of $2.64 by $0.13. The company had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.26 billion. J. M. Smucker had a negative net margin of 1.53% and a positive return on equity of 17.18%. The business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the business earned $2.31 EPS. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. As a group, equities research analysts forecast that J. M. Smucker will post 9.89 EPS for the current fiscal year.

Insider Transactions at J. M. Smucker

In other J. M. Smucker news, insider Jeannette L. Knudsen sold 5,550 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $116.29, for a total transaction of $645,409.50. Following the completion of the sale, the insider owned 16,039 shares of the company’s stock, valued at $1,865,175.31. This trade represents a 25.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.24% of the stock is owned by corporate insiders.

Institutional Trading of J. M. Smucker

Hedge funds have recently modified their holdings of the stock. UBS Group AG boosted its holdings in shares of J. M. Smucker by 238.7% during the 4th quarter. UBS Group AG now owns 3,924,282 shares of the company’s stock worth $383,834,000 after buying an additional 2,765,559 shares during the period. Two Sigma Investments LP raised its holdings in J. M. Smucker by 6,854.4% in the 3rd quarter. Two Sigma Investments LP now owns 1,527,962 shares of the company’s stock valued at $165,937,000 after acquiring an additional 1,505,991 shares during the period. National Bank of Canada FI raised its holdings in J. M. Smucker by 797.4% in the 3rd quarter. National Bank of Canada FI now owns 1,401,173 shares of the company’s stock valued at $152,167,000 after acquiring an additional 1,245,035 shares during the period. Capitolis Liquid Global Markets LLC acquired a new stake in J. M. Smucker during the third quarter worth approximately $112,944,000. Finally, Norges Bank acquired a new stake in J. M. Smucker during the fourth quarter worth approximately $92,960,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

J. M. Smucker News Summary

Here are the key news stories impacting J. M. Smucker this week:

• Negative Sentiment: An insider sale by Jeannette L. Knudsen of 5,550 shares at an average price of $116.29 may weigh on sentiment, since insider selling can signal caution, even though the transaction was relatively small versus the company’s market value. SEC filing
• Negative Sentiment: Technical commentary flagged SJM as overbought and near resistance, suggesting the recent rally could be running out of momentum and may face near-term pullback pressure. Article
• Negative Sentiment: Seeking Alpha noted that while quarterly earnings beat expectations, fiscal 2027 guidance looks muted, with revenue expected to fall and free cash flow projected to decline, which could limit upside for investors. Article
• Negative Sentiment: TipRanks reported a new risk disclosure related to stakeholder sentiment and activism, adding another governance-related headwind to valuation. Article
• Neutral Sentiment: Analyst and media coverage remains mixed, with TD Cowen issuing a Hold and several articles debating whether Smucker’s recent move has already topped out. Article
• Neutral Sentiment: Jim Cramer said food stocks still have “scarcity value” and referenced Smucker’s pet food, coffee, Uncrustables, and peanut butter businesses, which supports the company’s defensive appeal but is not a direct catalyst. Article
• Neutral Sentiment: Commentary on evolving consumer demand trends suggests investors are still reassessing Smucker’s growth profile, but it does not point to a clear near-term catalyst. Article

J. M. Smucker Company Profile

The J. M. Smucker Company is a diversified food and beverage manufacturer and marketer known for a portfolio of well-established consumer brands. The company’s main business activities include the production and distribution of fruit spreads, peanut butter, coffee and coffee filters, as well as pet food and pet snacks. Smucker’s core product lines serve both retail and foodservice customers through grocery chains, mass merchandisers, club stores, convenience outlets and e-commerce channels.

Among its leading brands are Smucker’s® fruit spreads, Jif® peanut butter, Folgers® and Dunkin’® coffees, and Café Bustelo® coffee.